Treasurer reports drop in gas tax revenue for April

Gas tax revenue that Phelps County received in April through its County Aid Road Trust (CART) fund distributions is down compared to April of 2012.

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By Staff Reports

The Rolla Daily News - Rolla, MO

By Staff Reports

Posted May. 10, 2013 at 1:00 PM

By Staff Reports
Posted May. 10, 2013 at 1:00 PM

Gas tax revenue that Phelps County received in April through its County Aid Road Trust (CART) fund distributions is down compared to April of 2012.

According to a financial report prepared by County Treasurer Carol Green that was given to Phelps County Commissioners Thursday, gas tax revenue received last month, which amounted to $44,591.92, is down compared to the amount received in April of last year, which was $47,205.73, a negative difference of about 5.54 percent.

In March, the county received $48,869.69 in gas tax revenue, which was up compared to the amount received in March of last year — $48,514.91 — an increase of about 0.73 percent.

Gas tax revenue received in February 2013, which totaled $50,363.70, was down compared to the amount received in February 2012, which was $52,197.19, a negative difference of about 3.51 percent.

The county’s share of gas tax revenue in January of this year was $50,670.90, which was up from the total of $50,558.22 received in January 2012, a positive difference of 0.22 percent.

In addition to the gas tax revenue, the county receives distributions from two other tax funds administrated by the state — motor vehicle sales and motor vehicle fees.

Motor vehicle sales tax revenue increased to $13,518.22 in April 2013 from $13,101.86 in April 2012, an increase of about 3.18 percent.

The county received $9,124.49 in vehicle sales tax revenue in March of this year compared to $9,750.46 in March 2012, a negative difference of about 6.42 percent.

Revenue from motor vehicle sales taxes received in February 2013 increased to $8,972.35 from $8,844.13 in February 2012, a positive difference of about 1.45 percent.

Motor vehicle sales tax revenue also went up to $10,229.08 in January 2013 from $9,211.13 in January of last year, a positive difference of about 11.05 percent.

Revenue from motor vehicle fees went up to $9,944.74 last month from $8,801.48 in April 2012, an increase of 12.99 percent.

The county received $5,045.23 in revenue from motor vehicle fees in March 2013 compared to $7,004.51 received in March of last year, a negative difference of approximately 27.97 percent.

Motor vehicle fees revenue received by the county decreased to $5,533.22 received in February 2013 from $6,612.30 received in February 2012, a negative difference of about 16.32 percent.

Revenue from motor vehicle fees increased to $8,523.02 received in January 2013 from $5,941.54 received in January 2012, a positive difference of approximately 43.45 percent.

Year to date, the county has received a total of $194,496.21 in gas tax revenue, $41,844.14 in motor vehicle sales tax revenue and $29,046.21 in motor vehicle fees revenue.